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IFC backs OnePuhunan to expand loans for rural women-led businesses

Banking & Insurance Context.ph Context.ph -
The International Finance Corporation (IFC) and CreditAccess Philippines Financing Company Inc. (OnePuhunan) have formed a partnership aimed at expanding access to finance for micro and small businesses in rural areas of the Philippines, with a focus on women-led enterprises.

Strait of Hormuz closure push oil prices past $100/barrel

Energy & Mining Context.ph Context.ph -
Global oil prices surged sharply, with Brent Crude for May delivery breaching USD100 per barrel for the first time in nearly four years as Iran threatened to keep the Strait of Hormuz closed amid escalating tensions with the US and Israel.

D.M. Wenceslao profit rises on Aseana momentum

Corporate Context.ph Context.ph -
D.M. Wenceslao and Associates Inc., a listed integrated property developer, posted stronger earnings in 2025 as stable rental income and improving residential sales lifted results, underscoring the growing maturity of its flagship Aseana City estate.

Honda hits breaks on EVs, faces JPY2.5T losses

Transport & Logistics Context.ph Context.ph -
Honda Motor Co. Ltd. said Thursday, March 11, it is scrapping three planned electric vehicle models for North America in a dramatic strategy reset that could saddle the Japanese automaker with losses of up to JPU2.5 trillion (around USD16–billion).

DOTr cracks down on steep hikes in shipping rates

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) has warned domestic shipping lines against imposing steep passenger fare hikes, signaling tighter oversight from regulators led by the Maritime Industry Authority (MARINA).
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Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Agriculture 0
Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Business mood stays down in September, but firms see brighter quarters ahead

Economy 0
Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.

EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop

Banking & Insurance 0
East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.

Medical center teams up with Singapore partners to boost geriatric care in Southern Luzon

Education, Health & Science 0
The Mary Mediatrix Medical Center (MMMC) has forged a partnership with Inspire Healthcare Singapore and the Singapore Nurses Association (SNA) to advance its Geriatric Unit, as the hospital moves to address the rising healthcare demand from older adults across Southern Luzon.
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